Nutanix(US:NTNX) Stock Market News·2025-11-28 11:07Market Overview - U.S. equity markets are experiencing a shortened trading session on Black Friday, with futures contracts for major indexes showing modest gains, indicating a cautiously optimistic start [1][2] - The Dow Jones Industrial Average (DJIA) closed at 47,427.12, up 0.7%, while the S&P 500 (SPX) and Nasdaq Composite (IXIC) also saw gains of 0.7% and 0.8% respectively, driven by optimism in AI stocks and expectations for a Federal Reserve interest rate cut [3][4] Economic Data - Initial jobless claims decreased by 6,000 to 216,000 for the week ended November 22, while continuing claims rose by 7,000 to 1.96 million for the week ended November 15 [5] - Durable goods orders for September increased by 0.5%, falling short of the Zacks Consensus Estimate of 2.2% [5] Federal Reserve Outlook - Traders are pricing in an 87% probability of a 25-basis-point interest rate cut by the Federal Reserve in December, with further reductions expected next year, influencing market sentiment positively [6] Corporate Developments - Deere & Co. (DE) shares fell 5.7% after reporting fourth-quarter fiscal 2025 adjusted earnings of $3.93 per share, missing estimates [7] - HP Inc. (HPQ) experienced a 1.4% decline in stock price due to fourth-quarter fiscal 2025 revenues of $14,639 million falling short of expectations [7] - Nutanix Inc. (NTNX) shares dropped 17.8% after first-quarter fiscal 2026 revenues of $670.58 million missed estimates [7] - Workday Inc. (WDAY) plummeted 7.9% after failing to meet market expectations for full fiscal subscription revenue guidance [11] - AppLovin Corp. (APP) gained 5.5% in the Nasdaq on Wednesday [11] - Sandisk (SNDK) is set to join the S&P 500, with its stock soaring 512% since its split from Western Digital earlier in 2025 [11] - Nordic American Tankers Ltd. (NAT) announced a $0.13 per share dividend and plans for two new Suezmax tankers [11]